Starz Forms Overture Films; Studio Will Produce, Acquire “Quality” Films
13th Nov 2006, 18:37 GMT
With a business model that relies on OPM (other people’s movies), Starz LLC continues to look for ways to produce its own content. The latest is Overture Films, announced today. The studio with produce, acquire and distribute 8-12 full-length feature films annually. From the release: “The studio will form collaborative relationships with film-makers and empower them to produce quality films that take creative risks and break new ground.” Starz is a unit of Liberty Media; LA-based Overture Films joins Starz Entertainment (the networks and download service Vongo) and Starz Media (created by acquisition of IDT Entertainment).—Overture’s CEO is Chris McGurk, who had been advising Starz on new media; the COO is Danny Rosett. Both were at MGM when it was sold in 2005; McGurk was vice chairman and COO from 1999-2005. The two are aiming for 60 percent original, 40 percent acquired. The studio starts with a multi-year deal with Starz for distribution through the networks, Vongo and home video.
Starz Forms Overture Films; Studio Will Produce, Acquire “Quality” Films related news:
- A New Studio, With $240 Million to Make Films — NYT > Business
- Starz creates film company — Latest news from Los Angeles Business from bizjournals
- Overture Pictures hires show biz veterans — Monsters and Critics Movies News
- Liberty Media To Launch New Hollywood Studio — ContactMusic Ltd | News
- Studio makes overtures — Variety.com
- Overture fine-tunes its filmmaker roster — Variety.com - Business News
- Fresh funds put Field on Radar — Variety.com - Business News
- NASCAR, H'woodare Starz-struck — New York Daily News Online -- Entertainment
- Film captures Hunter's final crusade — Aspen Times - Arts and Entertainment
- Liberty's Starz unit launches film company (Reuters) — Yahoo! News: Entertainment Industry News
Latest news from PaidContent:
- Last Chance For Registration: Washington DC & Boston Mixers On Nov 15 & 16th
- 10-Q Watch: NYTCO Paid $900,000 For Calorie-Count.com; DJ Cuts
- The Winter Of Consoles: Wii, PS3, Xbox 360; And Zune
- Gannett May Be In Hunt For All—Or Part—Of Tribune
- EU To Tone Down Cross Border Online TV Regulation; User-Generated Video Exempt
- Sponsor Post: Reed Midem: Midemnet Forum
- Telegraph New Media Head Leaves
- Pre-Roll May Be Easiest Online Video Ad Option But It’s Not The Best
- Lycos Hopes Two Web Trends Add Up To (Another) New Start
- New Congress: Telecom Not Likely To Be High Priority